Well similar to Lesli, we operate mainly as a cash business, however our credit cards are maxed every month in order to pay the server bills, and then are paid off 100% in the middle the month.

For a while, we were using a temporary line of credit each month to help expand or pay employees etc, but even these days, those lines of credits are being cut to almost nothing. The banks just are not lending, and keeping $35k on hand each month for bills is getting to be a chore!

None the less, the recession we really haven't seen much in our business. We still see a fairly constant growth of new clients (from an international scale), but we ARE seeing some of our lower end customers moving to our cheapest plans in order to concerve funds.

We even had a time when some of our resellers were closing shop and just turning over their customers directly to us to provide hosting to customers.

I really haven't seen much of the recession however in our business. Some companies starting to stuggle as they overextended themselves, but being too risky in ANY business will surely come back to haunt you in the end.